Common use of Principal allocations Clause in Contracts

Principal allocations. The principal allocation for a distribution day is: (a) for any ratio-stripped PO class, the sum for that distribution day of scheduled and unscheduled principal payments on its PO strip for that distribution day. (b) for the senior target-rate classes collectively, the sum for that distribution day of · the target-rate class percentage for the senior target-rate classes of scheduled principal payments on the target-rate strip, and · all unscheduled principal payments on the target-rate strip allocated to the senior target-rate classes pursuant to “ – Unscheduled principal” below. The principal allocation for the senior target-rate classes will be allocated among the individual senior target-rate classes pursuant to “Allocations among the senior classes” below. (c) for each subordinated class, · the class’s target-rate class percentage of scheduled principal payments on the target-rate strip for that distribution day, · plus the class’s proportionate share, based on the principal balances of the subordinated classes, of unscheduled principal payments on the target-rate strip for that distribution day that are not allocated to the senior target-rate classes pursuant to the preceding paragraph (b), · plus or minus any amounts that are reallocated to or from the class pursuant to “– Maintenance of subordination” below.

Principal allocations. The principal allocation for a distribution day is: (a) for any ratio-stripped PO class, the sum for that distribution day of scheduled and unscheduled principal payments on its PO strip for that distribution day. (b) for the senior target-rate classes collectively, the sum for that distribution day of · the target-rate class percentage for the senior target-rate classes of scheduled principal payments on the target-rate strip, and · all unscheduled principal payments on the target-rate strip allocated to the senior target-rate classes pursuant to “ – - Unscheduled principal” below. The principal allocation for the senior target-rate classes will be allocated among the individual senior target-rate classes pursuant to “Allocations among the senior classes” below. (c) for each subordinated class, · the class’s target-rate class percentage of scheduled principal payments on the target-rate strip for that distribution day, · plus the class’s proportionate share, based on the principal balances of the subordinated classes, of unscheduled principal payments on the target-rate strip for that distribution day that are not allocated to the senior target-rate classes pursuant to the preceding paragraph (b), · plus or minus any amounts that are reallocated to or from the class pursuant to “– - Maintenance of subordination” below.

Principal allocations. The principal allocation for a distribution day is: (a) for any ratio-stripped PO class, the sum for that distribution day of scheduled and unscheduled principal payments on its PO strip for that distribution day. (b) for the senior target-rate classes collectively, the sum for that distribution day of · the target-rate class percentage for the senior target-rate classes of scheduled principal payments on the target-rate strip, and · all unscheduled principal payments on the target-rate strip allocated to the senior target-rate classes pursuant to “ – - Unscheduled principal” below. The principal allocation for the senior target-rate classes will be allocated among the individual senior target-rate classes pursuant to “Allocations among the senior classes” below. (c) for each subordinated class, · the class’s target-rate class percentage of scheduled principal payments on the target-rate strip for that distribution day, · plus the class’s proportionate proportional share, based on the principal balances of the subordinated classes, of unscheduled principal payments on the target-rate strip for that distribution day that are not allocated to the senior target-rate classes pursuant to the preceding paragraph (b), · plus or minus any amounts that are reallocated to or from the class pursuant to “– - Maintenance of subordination” below.

Principal allocations. The principal allocation for a distribution day is: (a) for any ratio-stripped PO class, the sum for that distribution day of scheduled and unscheduled principal payments on its PO strip for that distribution day. (b) for the senior target-rate classes collectively, the sum for that distribution day of · the target-rate class percentage for the senior target-rate classes of scheduled principal payments on the target-rate strip, and · all unscheduled principal payments on the target-rate strip allocated to the senior target-rate classes pursuant to “ – - Unscheduled principal” below. · The principal allocation for the senior target-rate classes will be allocated among the individual senior target-rate classes pursuant to “Allocations among the senior classes” below. (c) for each subordinated class, · the class’s target-rate class percentage of scheduled principal payments on the target-rate strip for that distribution day, · plus the class’s proportionate share, based on the principal balances of the subordinated classes, of unscheduled principal payments on the target-rate strip for that distribution day that are not allocated to the senior target-rate classes pursuant to the preceding paragraph (b), · plus or minus any amounts that are reallocated to or from the class pursuant to “– - Maintenance of subordination” below.

Principal allocations. The principal allocation for a distribution day is: (a) for any ratio-stripped PO class, the sum for that distribution day of scheduled and unscheduled principal payments on its PO strip for that distribution day. (b) for the senior target-rate classes collectively, the sum for that distribution day of · the target-rate class percentage for the senior target-rate classes of scheduled principal payments on the target-rate strip, and · all unscheduled principal payments on the target-rate strip allocated to the senior target-rate classes pursuant to “ – - Unscheduled principal” below. The principal allocation for the senior target-rate classes will be allocated among the individual senior target-rate classes pursuant to “Allocations among the senior classes” below. (c) for each subordinated class, · the class’s target-rate class percentage of scheduled principal payments on the target-rate strip for that distribution day, · plus the class’s proportionate proportional share, based on the principal balances of the subordinated classes, of unscheduled principal payments on the target-rate strip for that distribution day that are not allocated to the senior target-rate classes pursuant to the preceding paragraph (b), · plus or minus any amounts that are reallocated to or from the class pursuant to “– - Maintenance of subordination” below.

Principal allocations. The principal allocation for a distribution day is: (a) for any ratio-stripped PO class, the sum for that distribution day of scheduled and unscheduled principal payments on its PO strip for that distribution day. (b) for the senior target-rate classes collectively, the sum for that distribution day of · the target-rate class percentage for the senior target-rate classes of scheduled principal payments on the target-rate strip, and · all unscheduled principal payments on the target-rate strip allocated to the senior target-rate classes pursuant to “ – Unscheduled principal” below. The principal allocation for the senior target-rate classes will be allocated among the individual senior target-rate classes pursuant to “Allocations among the senior classes” below. (c) for each subordinated class, · the class’s target-rate class percentage of scheduled principal payments on the target-rate strip for that distribution day, · plus the class’s proportionate share, based on the principal balances of the subordinated classes, of unscheduled principal payments on the target-rate strip for that distribution day that are not allocated to the senior target-rate classes pursuant to the preceding paragraph (b), · plus or minus any amounts that are reallocated to or from the class pursuant to “– Maintenance of subordination” below.